408 E 3rd StSylacaugaAL35150
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Sylacauga at 408 E 3rd St, Sylacauga, AL, 35150 offers a 9.44% rental yield on a $138,900 purchase with $1,093/mo rent. Total monthly income registers $1,093/mo, and a $680/mo payment leaves $309/mo available for distribution. Annual cash flow reaches $3,706/yr on $46,045 to close, and return on cash invested stands at 27.96% in year one. Equity gained on principal adds $896/yr while 5% annual appreciation supports $38,376 over five years. Portfolio math shows five-year ROI at 145.29% and total cumulative return in cash at $66,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,093/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35150, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 4,731 (53.6%) |
| Renter Occupied HU | 3,046 (34.5%) |
| Vacant Housing Units | 1,044 (11.8%) |
| Median Home Value | $161,330 |
| Average Home Value | $187,470 |
Housing Distribution
Address Breakdown
Residential
7,852
Single Family
7,195
Multi-Family
657
Businesses
808
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